JPMorgan Chase & Co.'s (JPM) Chase Card Services divisipm said Monday it finalized the acquisition of Unicorn Financial Services, a patient financing company.
The new combined company, ChaseHealthAdvance, will provide consumer credit to those seeking healthcare financing options due in part to rising medical and dental costs, as well as the increasing demand for elective and veterinary procedures.
In addition, medical practitioners will have access to Chase's financial products, such as business banking, real estate financing, equipment leasing, cash management, credit card processing and loan products.